Infrastructure Leasing & Financial Services

Infrastructure Leasing & Financial Services Limited (IL&FS) is an Indian state-funded infrastructure development and finance company. It was created by public sector banks and insurance companies.

Infrastructure Leasing & Financial Services (IL&FS)
Company typePublic Sector
IndustryInfrastructure Development and Finance
Founded1987 (1987)
Headquarters
Mumbai, Maharashtra
,
India
Key people
  • Uday Kotak
    (Chairman)
  • C.S. Rajan
    (Managing Director)
Websitewww.ilfsindia.com

It operates through more than 250 subsidiaries including IL&FS Investment managers, IL&FS financial services and IL&FS Transportation networks India Limited (ITNL). Its projects include some of the largest infrastructure projects in India including India's longest tunnel, Dr. Syama Prasad Mookerjee Tunnel, which opened for traffic in April 2017. After the company defaulted on its loans in 2018, the Government of India took control of the company and appointed a new board.

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